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Israeli Companies to Build 900 MW Gas Power Plant with Data Center
Israeli energy groups Sonol and Afcon, along with Pentalight Energy, will jointly build a 900 MW natural gas power plant and a 200 MW data center. The project, costing an estimated 4 billion shekels for the power plant, is in its initial phase and requires regulatory approval.
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What happened
- 01Sonol, Afcon, and Pentalight Energy will jointly build a 900 MW gas power plant in Israel.
- 02A 200 MW data center and energy storage systems will be co-located with the power plant.
- 03The power plant's construction is estimated to cost 4 billion shekels.
- 04Sonol will own 45% of the joint venture, with Afcon and Pentalight holding 27.5% each.
- 05The project is in its early stages and awaits regulatory approvals and construction permits.
Sonol will hold a 45% stake in the joint venture, with Afcon and Pentalight holding 27.5% each.
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